XRP Price Prediction: Bullish Rebound After $3, BUT CRASH Scenario in Sight
XRP Price Eyes Rebound After $3 Retest
After a sharp correction last week, XRP adjusted down to test the key $3.00 support level, where it found temporary stability. As of now, the token is back up slightly, trading near $3.20, signaling early signs of strength.
XRP/USD 4-hours chart - TradingView
The 4-hour chart shows XRP reclaiming the 21 EMA and attempting to build momentum after dipping below the short-term moving average. The RSI sits at 47.89, suggesting neutral territory with upside potential. If XRP continues holding above the $3 mark, we could see bulls return aggressively.
📊 Live XRP price chart here
Bullish Scenario: XRP Price Push Toward $3.50 and Beyond?
The chart structure suggests the correction may be complete. If the current momentum holds and XRP manages to break back above the $3.50 resistance zone, the next logical target becomes the previous high of $3.61. A breakout above that could open the door for further upside, especially if Bitcoin also regains strength.
The reclaim of the EMA, stable RSI, and reduced selling pressure from large holders point toward a potentially bullish short-term move.
Bearish Scenario: Danger for XRP Coin if Bitcoin Slips
However, a lot hinges on Bitcoin's price stability. If $ BTC drops again, $ XRP could lose its $3 support and slide toward $2.80, the next key support level. Below that, $2.50 and $2.20 act as strong demand zones — but a move that low would confirm a much deeper correction.
Related: MicroStrategy Bitcoin XRP Whale Dump News
BTC/USD 4-hours chart - TradingView
We already saw Ripple’s co-founder dump $140M worth of XRP last week — a move that led to an 11% crash in the token. If fear returns, those same levels could be tested again.
XRP Price Prediction: XRP at a Crossroads
XRP’s bounce off $3 is encouraging — but caution is still warranted. As long as Bitcoin remains volatile, XRP’s next big move could go either way. Bulls need to reclaim $3.50 to stay in control. Bears, meanwhile, will be watching for a failure below $3 as a short signal.
Read the full XRP prediction and targets
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Wall Street tech mogul Dan Ives: SpaceX (SPCX.US) shares have a 20%-25% "political discount"; merger with Tesla (TSLA.US) still possible
Dan Ives believes that SpaceX's stock currently has a "political discount" of 20% to 25%. At the same time, he still expects SpaceX to merge with Tesla, but this deal will face more obstacles.
J.P. Morgan: With Three Tailwinds, Emerging Market Rally Expands from AI Heavyweights to Non-Tech Sectors
JPMorgan released a research report stating that the rally in emerging markets has expanded from a few AI-weighted stocks to the non-tech sectors of EM.
AI stocks fuel global market rally, Nasdaq 100 futures jump 1.5%
Rising expectations of Fed rate hikes trigger a wave of US Treasury sell-offs! Japanese bonds follow suit, 10-year yields approach 2.8%
Due to the higher-than-expected US October CPI data, the market increased its bets that the Federal Reserve may need to take more aggressive rate hikes. US Treasury bonds were sold off on Tuesday, and Japanese government bonds followed the overnight decline in the US Treasury market on Wednesday.
Crypto prices
More
